Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV (p)

1597.00

Share Price (p)

1398.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 66.22%
Mercantile (Ordinary Share) NAV 62.90%
FTSE 250 ex Inv Trusts 63.98%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1388.0p -13.1% 1597.00p 1569.00p
20 Oct
113% 2.88%

Discrete performance % over

Fund / BenchmarkNov '11
Oct '12
Nov '12
Oct '13
Nov '13
Oct '14
Mercantile (Ordinary Share) Price20.7945.73-5.56
Mercantile (Ordinary Share) NAV24.5633.13-1.77
FTSE 250 ex Inv Trusts23.5534.46-1.29

Discrete performance over

Discrete Performance

Top 10 Holdings

Serco Group 2.04%
Rexam 1.94%
SSP Group 1.94%
Jardine Lloyd Thompson Group 1.83%
Barratt Developments PLC 1.83%
Wood Group (John) PLC 1.72%
TSB Banking 1.61%
Catlin Group Ltd 1.61%
Berkeley Group 1.61%
Cobham Plc 1.51%

Sectors weighting

General Industrials 23.90%
Finance - General 23.70%
Consumer Services 23.30%
Consumer Goods 8.40%
Net Current Assets 6.60%
Oil & Gas 4.70%
Technology 4.10%
Healthcare 2.20%
Materials 1.20%
Utilities 1.10%
Telecommunications 0.80%

Regional weighting

UK 93.00%
Cash/Cash Equiv. 7.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 1398.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 98
  • Market Capital (£M) 1363.58
  • Gross Assets (£M) 1765.46
  • Net Assets (£M) 1568.53
  • TER (%) 0.51
  • Historic Dividend Yield (%) 2.88
  • Next Dividend Date 01 Jan 2015
  • Next Dividend (p) 8.00
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 04 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Emel Akan Start: 31 Jan 2008
  • Guy Anderson Start: 01 Aug 2012
  • Jane Lennard Start: 01 Jan 2006
  • Martin Hudson Start: 01 Jan 1993
  • Management Contract & Fees:

    Management agreement with JPMorgan Asset Management terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.